tyb
the fact that you stay in here day after day spewing this crap is all the proof that anyone needs
If it's this way then leave, you've got nothing to worry about
douchebag
all the fault of the gerbils.
They don't pull the changing of the dough crap then none of it necessary
Sunnova Energy Int'l sold by Energy Capital Partners: $97.87m-July 6
A secondary announced July 2nd
https://www.marketscreener.com/SUNNOVA-ENERGY-INTERNATIO-62465391/news/SUNNOVA-ENERGY-INTERNATIONAL-INC-Entry-into-a-Material-Definitive-Agreement-Other-Events-Financ-30864375/
The usual cast of characters on the underwriting side: J.P. Morgan Securities LLC, BofA Securities, Inc., Credit Suisse Securities (USA) LLC and Goldman Sachs & Co. LLC
Sunnova Energy International Inc. is a residential solar and energy storage service provider. The Company also provides rooftop solar service to homeowners within and outside the United States through its network of local sales and installation partners. The Company originate, design and installs its customers’ solar energy and energy storage systems. The Company provides energy resiliency and reliability to solar plus energy storage customers through energy storage technology. The services include operations and maintenance, monitoring, repairs and replacements, equipment upgrades, onsite power optimization for the customer (for both supply and demand), the ability to switch power sources among the solar panel, grid and energy storage system, as appropriate, and diagnostics. Number of employees : 324 people.
https://www.marketscreener.com/SUNNOVA-ENERGY-INTERNATIO-62465391/company/
Energy Capital Partners
https://www.ecpartners.com/about
https://www.finviz.com/insidertrading.ashx?oc=1707921&tc=7&b=2
>got the mojo risin'
Banks With ‘Shattered’ Business Models Warned by Japan to Adapt
Japan’s financial regulator is running out of patience with regional banks that are struggling to adapt to an increasingly grim business environment.
The Financial Services Agency has targeted some local lenders for “intensive dialogue,” which could lead to regulatory action if they fail to convince it of their viability, Commissioner Toshihide Endo said. He hinted at the need for management changes at banks that don’t change their strategies. “There has been no innovation,” Endo, 61, said in an interview in Tokyo. The old practice of making money by simply taking deposits and lending them out at a higher rate “has been completely shattered. Banks should be thinking about a business model to survive. But are they?”
The discussions reflect the FSA’s growing frustration with regional banks whose profitability has long been eroding due to rock-bottom interest rates and stagnating local economies. Now concerns are mounting that some are too weak to withstand the coronavirus-fueled recession and may eventually need to be rescued or delisted. The pandemic has “shortened the time frame” for banks to tackle their problems since it will only worsen the predicament of local businesses, Endo said. He urged them to help corporate clients adapt, not just by lending money but also by giving strategic advice.
Japan has more than 100 regional banks. Endo didn’t identify or disclose the number under scrutiny but said the FSA started talks with them even before the outbreak struck. The conversations stem from regulatory changes last year that enable the agency to take action against banks deemed lacking sustainable business models even when they meet capital requirements or other narrow measures of financial soundness.
Failure to convince the FSA of their long-term viability could lead it to impose business improvement orders, a tool that carries a heavy stigma in Japan and is normally reserved for rule violations. Nomura Holdings Inc., for example, received one last year for an information leak and lost underwriting deals as a result.
Endo questioned whether some local bank managers have the ability to push through the needed changes. Most bank executives have risen through the ranks, and while some have come to realize the challenges, others may need to step aside in favor of external managers, he said.
“It’s impossible for them to change the business model,” he said. “So the question is whether they can see that they aren’t cut out for it and bring in outside talent.” Endo’s sense of urgency can be traced back to his early career as a Finance Ministry official during Japan’s financial crisis in the late 1990s, when the government was forced to spend trillions of yen bailing out lenders. He has said the meltdown could have been less dire if there had been more frank exchanges during the asset-price bubble that led to it.
Asked whether smaller banks should remain publicly traded when their declining profits could be used for capital rather than dividends, Endo said the agency isn’t in a position to tell banks to delist.
“But if top management seriously consider the implications of staying listed, I think there will be many questions,” he said. In the past, going public itself could have been a goal, but that’s no longer the case, he said. “It also costs money to stay listed.”
Endo has spent two years as commissioner, a typical length of service. He is set to be succeeded by Ryozo Himino soon, Kyodo reported on Tuesday. An FSA official declined to comment.
Separately, Endo expressed support for efforts to boost Tokyo’s standing as a global financial hub, but said the idea faces challenges. The ruling Liberal Democratic Party recently began debating a proposal to attract financial firms and workers that may be looking at alternatives to Hong Kong following China’s clampdown there.
Endo said that while Japan’s relatively high taxes are an issue, a bigger question is whether the country presents enough of an opportunity to generate profits.
“I hope Tokyo becomes a city with a big presence in finance,” he said. “But for that to happen it needs to become a place where people want to do business even if taxes are high and English isn’t spoken.”
https://www.bloomberg.com/news/articles/2020-07-07/banks-with-shattered-business-models-warned-by-japan-to-adapt
Since Endo is on the way out it's not a surprise on the comments although from what I know of him he has had some pretty based exchanges over the years-when they actually get out in the public which is not often.
kek
from the not-so wayback machine
Solyndra scandal’s key players pay big bucks to attend Obama fundraiser
US President Barack Obama shook hands with some of his wealthiest supporters Tuesday night at a fundraising shindig in San Francisco. Also on hand, though, was a matter the commander-in-chief just can’t seem to shake: his failed deal with Solyndra.
Around sixty patrons paid $35,800 a piece to attend a party in honor of President Obama this week, including a pair of gentlemen who have become central figures in an energy debacle that has haunted the Oval Office since last year. Among those in attendance were two key players in the Solyndra scandal.President Obama touted Solyndra, a California solar-panel start-up, as an example of perfect American entrepreneurship early on in his presidency. Last year, however, the infant green energy company filed for bankruptcy, despite the president earlier approving a gigantic loan guarantee worth $535 million for the Silicon Valley start-up. The company had borrowed all but $8 million of the massive loan before calling it quits late last year, a move that prompted Obama’s opponents to ridicule the president over what some said was “a dubious investment” and even initiated an investigated by the FBI.Nearly a year after Solyndra first filed for bankruptcy, the scandal took center stage again this week after Monday’s fundraiser funneled in donations from Matt Rogers, a former adviser at the Department of Energy that helped approve the loan as part of the stimulus plan, and Steve Westly, a venture capitalist that warned the White House against offering a deal to Solyndra before the president offered his own endorsement. Darren Samuelsohn of Politico was on-hand at Monday’s fundraiser and writes that it appears that the president isn’t exactly distancing himself from one of the most costly scandals of his administration.Officials within the campaign to elect Massachusetts Governor Mitt Romney for president have already attacked the administration for still maintaining ties with people privy to the Solyndra deal. In a statement addressing the latest news, Romney spokesman Ryan Williams writes, “The Obama Administration betrayed American taxpayers when it dumped hundreds of millions of public dollars into Solyndra while ignoring clear warnings about the company’s dire financial situation.”“President Obama’s first term worked out well for his donors who got special access and taxpayer money for their failed ventures. It hasn’t worked as well for the 23 million Americans struggling for work in the worst economic recovery our country has ever had,” Williams adds.According to Samuelsohn, Westly was spotted poolside during the event, “juggling lemons, entertaining kids at the party.” The writer adds that the long-time Solyndra skeptic sat at one of the tables farthest away from the president during an address that delivered by Mr. Obama.
https://www.rt.com/usa/solyndra-obama-fundraiser-francisco-963/
>DOJ and FBI Cannot Provide Documents Related to Seth Rich and Clinton Emails Until After 2020 Election